American International Group president and CEO Robert H. Benmosche has tried to tamp down expectations AIG set for 2015 when it offered stock to the public again in May 2011.
Benmosche called the company's third-quarter results “solid,” but he told analysts during a third-quarter earnings conference call that AIG continues to seek to achieve the so-called aspirational goals but “we're not sure whether we'll get them done by 2015.”
During previous earnings calls Benmosche has set goals for a 10 percent ROE, annual earnings per share growth in the mid-teens, capital of between $25 billion and $30 billion, and a combined ratio of between 90 and 95 for its P&C unit. Benmosche and other company executives have assured analysts during prior quarterly calls that the company was on track to reach the goals.
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